The deal itself was only mediocre cash flowing about $400/month.

@Ali S.What's the monthly cash flow for each of these properties? 

I drive a 95 nissan pick-up, Paid for, good milege Why spend 50k on a fancy car that will go down in value ( not counting collector vehicles) I would rather spent 50k on a down payment on more real estate for more cash flow

Purchase price: $690,000 Cash invested: $300,000 6/6 two family detach house in HOA at 77 monthly.

Very quick and simple read that boils down the importance of investing in cash flowing assets such as real estate.

I realize that selling a cash flowing rental is open to criticism.

You can decide how much cash you want to pull out so you are still cash flowing. 

If you can positive cash with today's interest rates, and you buy in a growth market, then you'll have a winner.

You only really have a couple of options.HELOC/LOC with the property as security.Refinance the first and walk away with a bigger first.A great way to get into properties with little money down though is to buy distressed assets at a discount, force appreciate them, and refinance to pull the cash out.

One of our rentals (Michigan) has been being rented for $1300/month, the mortgage is $618 so it has cash flowed well.